Polinox Maintains Growth Forecast: Manufacturer of Peroxides Estimates A 6% Sales Increase for 2012

september 4 2012

Leader in organic peroxides in South America, raw materials of composites, the Brazilian company Polinox maintains the forecast of a 6% sales increase reported earlier this year. For Roberto Pontifex, director, the recovery of the transportation, construction and sanitation sectors should offset the poor performance of the market so far.

“The key-customers of composites molders, such as manufacturers of trucks and buses, are not going through a good phase. The same happens with the construction sector, whose level of activity has been falling every month. However, we believe in the reversal of this scenario with the beginning of some new projects, mainly related to infrastructure, and with the improvement of the economy as a whole,” he said.

According to the Latin American Composite Materials Association (ALMACO), Brazilian composites market revenue may reach USD 1,561 billion, corresponding to a growth of 9.5%. In the first half, however, the growth compared to the same period of 2011 was 5.9%.

Sales to other South American countries usually account for 10% of Polinox sales. Throughout this year, this share has remained stable, but the profitability improved with the U.S. currency valuation.

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